IB Tradewell
Indian Bank's working capital and term loan package for traders with at least a year in business, including cash credit, overdraft, bank guarantees and money to modernise a shop or office.
Last updated on
- Status
- Open
- Run by
- Indian Bank
What you get
- Cash credit, secured overdraft, bank guarantee, letter of credit and bill discounting
- Term loan up to ₹5 crore for equipment or to modernise the business premises
- Minimum loan ₹10 lakh
- Term loans repayable over up to 84 months, plus a holiday of up to 6 months
- 50% concession on processing charges
Who can apply
- Businesses that are already running.
- Open to businesses in trading.
- Traders with at least 1 year of experience and a good standing in the market
How to apply
- Open the product page and choose Apply For Loan to fill in the bank's online loan enquiry form
- Or visit your nearest Indian Bank branch
In person, nearest Indian Bank branch
In Kerala, any Indian Bank branch in Kerala, or the online loan enquiry form on the product page
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.